Devon Energy (DVN) Tax Rate (2009 - 2026)
Devon Energy (DVN) reported Tax Rate of 143.51% for Q1 2026, up 19158.0% year-over-year from N/an in Q1 2025, and up 4654.93% quarter-over-quarter from 3.15% in Q4 2025.
Devon Energy (DVN) Tax Rate (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of Tax Rate data on file, last reported at 143.51% in Q1 2026.
- Tax Rate for Q1 2026 came in at 143.51%, up 19158.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 31.78% (down 1539.0% YoY), and the FY2025 annual result was 134.38%, down 29174.0% from the prior year.
- Tax Rate climbed to 143.51% in Q1 2026 per DVN's latest filing, from 3.15% in the prior quarter.
- Over five years, Tax Rate peaked at 224.62% in Q2 2024 and troughed at 278.95% in Q1 2024.
- A 5-year average of 26.77% and a median of 22.92% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2025: Tax Rate plunged 75384 bps in 2022, then surged 23088 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 22.47% in 2022, then jumped by 80 bps to 40.51% in 2023, then surged by 106 bps to 83.46% in 2024, then tumbled by 104 bps to 3.15% in 2025, then surged by 4655 bps to 143.51% in 2026.
- Business Quant data shows DVN's Tax Rate at 143.51% in Q1 2026, 3.15% in Q4 2025, and 128.82% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 32.08% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 35.09% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 22.50% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 39.49% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 18.18% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -24.95% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 21.81% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 41.73% |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | 143.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 143.51% |
| Mar 31, 2026 | 143.51% |
| Dec 31, 2025 | -3.15% |
| Dec 31, 2025 | -3.15% |
| Sep 30, 2025 | -128.82% |
| Sep 30, 2025 | -128.82% |
| Jun 30, 2025 | 150.67% |
| Jun 30, 2025 | 150.67% |
| Mar 31, 2025 | -48.07% |
| Mar 31, 2025 | -48.07% |
| Dec 31, 2024 | 83.46% |
| Dec 31, 2024 | 83.46% |
| Sep 30, 2024 | -6.33% |
| Sep 30, 2024 | -6.33% |
| Jun 30, 2024 | 224.62% |
| Jun 30, 2024 | 224.62% |
| Mar 31, 2024 | -278.95% |
| Mar 31, 2024 | -278.95% |
| Dec 31, 2023 | 40.51% |
| Dec 31, 2023 | 40.51% |